Advanced Metering Infrastructure

The Global Advanced Metering Infrastructure Market Report, published by Emergen research, offers an industry-wide assessment of the Advanced Metering Infrastructure market, which is inclusive of the most crucial factors contributing to the growth of the industry. The latest research report comprises an extensive analysis of the micro- and macro-economic indicators that influence the global market development during the forecast period of 2020-2027. According to our team experts, the global Advanced Metering Infrastructure market is projected to deliver a magnificent CAGR of 15.4% throughout the forecast timeframe to rise from USD 8.35 billion in 2019 to USD 24.68 Billion in 2027. The current trends of the Advanced Metering Infrastructure market, combined with a wide array of growth opportunities, key drivers, restraints, challenges, and other critical aspects, have been vividly detailed in the Advanced Metering Infrastructure market report. Furthermore, the report takes into account various market dynamics, which, in turn, generate a plethora of developmental prospects for the leading players involved in the of the Advanced Metering Infrastructure industry.

The global Advanced Metering Infrastructure market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.  The global Advanced Metering Infrastructure market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.

Key participants include IBM Corporation, General Electric, Schneider Electric SE, Elster Group Gmbh, Cisco Systems, Inc., Siemens AG, Itron, Inc., Eaton Corporation plc, Aclara Technologies LLC, and Landis+Gyr, among others.

Emergen Research has segmented the global Advanced Metering Infrastructure Market on the basis of type, service, solution, end-use, and region:

Type Outlook (Revenue, USD Billion; 2017-2027)

  • Smart Gas Meter
  • Smart Electric Meter
  • Smart Water Meter

Service Outlook (Revenue, USD Billion; 2017-2027)

  Meter Deployment

  System Integration

  Program Management and Consulting

Service Outlook (Revenue, USD Billion; 2017-2027)

  Meter Communication Infrastructure

  Meter Data Analytics

  Meter Data Management

  Advanced Metering Infrastructure Security

End-Use Outlook (Revenue, USD Billion; 2017-2027)

  Residential

  Industrial

  Commercial

Chapter 5: Regional Outlook (Revenue, USD Billion; 2017-2027)

  North America

  1. U.S.
  2. Canada
  3. Mexico

  Europe

  1. Germany
  2. UK
  3. France
  4. BENELUX
  5. Rest of Europe

  Asia Pacific

  1. China
  2. Japan
  3. South Korea
  4. India
  5. Rest of APAC

  Latin America

  1. Brazil
  2. Rest of LATAM

  MEA

  1. Saudi Arabia
  2. UAE
  3. Rest of MEA

 

 Key point summary of the report:

  • Owing to highly extensible, flexible, and easily configurable, the meter data management solution is expected to dominate the market throughout the forecast period.
  • Due to rising customer penetration of smart electric meters, the residential sector is anticipated to hold the largest market share over the forecast timeframe, since it offers greater transparency than traditional electric meters.
  • Owing to the rapid implementation of IoT-based devices in various applications, such as water, electricity, gas, and others, in different countries, specifically in the United States and Canada, the North American market is anticipated to be the largest market and will dominate over the forecasted period.

 

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